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Tag Search: “manufacturing”

Boosting India’s capital goods’ exports

Union budget 2021-22 has proposed a sharp 34.5% hike in capital expenditure, which is expected to boost the capital goods sector. While the sector has grown since liberalisation, its share in the glob...

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Expectations, wage hikes, and worker voice

Understanding how exit decisions of workers are affected by their ability to voice their concerns, is a central question in labour economics. Based on an experiment in 12 garment factories in Karnatak...

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No line left behind: How firms match workers and managers

Various studies consistently affirm the importance of strong worker-manager dynamics in driving productivity. Based on analysis of worker-level productivity data, information on orders, and interviews...

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What would make India’s growth sustainable?

Much of the discussion on the economic slowdown in India in recent years – as well as on the government’s measures to tackle the present economic crisis due to the Covid-19 lockdown – is focused on th...

  • Perspectives

Unmaking ‘Make in India’

The current government has attempted to improve India’s ranking in the World Bank’s Doing Business Indicators, but with limited success. This article shows that ‘deals’ between the State and businesse...

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Court congestion, caste identity, and business performance

Effective contract enforcement is the key for the formation and expansion of business enterprises. But how does improvement in court performance matter differently to different caste groups? This arti...

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Only germs this time, no guns and steel (yet)?

The first round of globalisation over the previous centuries was associated with a transmission of diseases between continents. With Covid-19, history seems to be repeating itself, but this time in th...

  • Perspectives

How district courts influence firm growth

The Economic Survey 2018-19 highlights that the single biggest constraint to ease of doing business in India is contract enforcement and dispute resolution, and increasing capacity in lower judiciary ...

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RCEP trade agreement: The road not taken?

Prime Minister Modi recently announced that India would not be joining the Regional Comprehensive Economic Partnership (RCEP) agreement between Southeast Asian Nations and its free-trading partners. I...

  • Perspectives

Exports, global production sharing, and job creation in India

Is it in the interest of a country to promote strong local linkages for its domestic industries or to participate in global production sharing activities wherein linkages are globally dispersed? This ...

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I4I Panel Discussion: Financing development in India

I4I recently organised a panel discussion on ‘Financing Development in India’ with Prachi Mishra (Goldman Sachs), Andy Mukherjee (Bloomberg), and Ananth Narayan (SPJIMR). The discussion was moderated ...

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What should we do about the Indian economy? A wide-angled perspective - IV

In the previous part of this series, Ashok Kotwal and Pronab Sen traced the genesis of the present economic slowdown. In this part, they discuss the way forward to arrest the slowdown. They suggest a ...

  • Perspectives